Common use of The Grantor Trust Trustee May Own Notes Clause in Contracts

The Grantor Trust Trustee May Own Notes. The Grantor Trust Trustee in its individual or any other capacity may become the owner or pledgee of Notes. The Grantor Trust Trustee may deal with the Grantor Trust Seller, the Indenture Trustee, the Administrator, the Underwriters and their respective Affiliates in banking transactions with the same rights as it would have if it were not the Grantor Trust Trustee, and the Grantor Trust Seller, the Indenture Trustee, the Administrator, the Underwriters and their respective Affiliates may maintain normal commercial banking relationships with the Grantor Trust Trustee and its Affiliates.

The Grantor Trust Trustee May Own Notes. The Grantor Trust Trustee in its individual or any other capacity may become the owner or pledgee of Notes. The Grantor Trust Trustee may deal with the Grantor Trust Seller, the Initial Purchasers, the Indenture Trustee, the Administrator, the Underwriters Administrator and their respective Affiliates in banking transactions with the same rights as it would have if it were not the Grantor Trust Trustee, and the Grantor Trust Seller, the Initial Purchasers, the Indenture Trustee, the Administrator, the Underwriters Administrator and their respective Affiliates may maintain normal commercial banking relationships with the Grantor Trust Trustee and its Affiliates.Affiliates.‌